The National Bank of Canada

CommentariesThree months after the last meeting of the member countries of OPEC, Saudi Arabia appears to be winning its gamble. The collapse of prices for Crude Oil is affecting production as well as...

Last Friday, revised U.S. GDP figures for the last quarter of 2014 reflected a growth rate of 2.2%, which was below the first release of 2.6%, but still 0.2% above analysts' forecasts. We are very far...

In testimony to Congress yesterday, Fed Chair Janet Yellen stated that she expected U.S. inflation to decline further before strengthening, due mainly to crude oil prices and the impact of a strong...

Patience was the watchword used by two central bankers from North America yesterday. In the U.S., Federal Reserve Chair Janet Yellen stated that the Fed will take its time before beginning to tighten...

A few hours after Greek Prime Minister Alexis Tsipras and his government submitted their economic reform plans to the members of the troika, the initial comments from European officials have been...

For the first time since the beginning of February, the price of oil ended the week down. The situation is different for the price of diesel, which was up 6% in Friday's session. The crude decline...

Despite a shortened week due to President Day in the United States, financial markets remained highly volatile last week. For the first time in February, the price of oil ended the week in negative...

Negotiations between Greece and its eurozone partners wrapped up Friday on an encouraging note. The parties agreed to extend Greece's four-month bailout plan provided that the country submit a series...

January's FOMC meeting minutes surprised many pundits yesterday, as they revealed that the Federal Reserve is not in a hurry to normalize interest rates, specifically because of the uncertain global...

The stock market index of the 500 largest companies of the United States reached its highest level ever yesterday, closing out the session at 2,100.34. Investors' appetite for risk was also reflected...

Eurozone ministers of finance will not continue negotiations with the Greek government if it does not request a rescue extension of the current financial support program. Greece has until the weekend...

Prices for WTI and Brent crude rose for a third week in a row, up 2.2% and 6.4%, respectively. These increases led to a significant jump in prices for refined products such as gasoline and...

The wind of optimism that was blowing in Brussels on Friday was short-lived. Jeroen Dijsselbloem, President of the Eurogroup and Minister of Finance of the Netherlands, said that he was pessimistic...

The crucial meeting of European finance ministers, addressing the fate of Greece within the eurozone, began in Brussels on Wednesday, and there seems to be a certain degree of confidence about...

The speech given yesterday by Carolyn Wilkins, the Bank of Canada's Senior Deputy Governor, in no way reassured markets with respect to the Canadian economy. In addition to specifying that the economy...

The speech given yesterday by Carolyn Wilkins, the Bank of Canada's Senior Deputy Governor, in no way reassured markets with respect to the Canadian economy. In addition to specifying that the economy...